ElectroNeek revenue hit $9.8M in 2024

ElectroNeek generates revenue from 250 customers

ElectroNeek

701 Brazos Street, Suite 640, Austin, Texas, 10018, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How ElectroNeek hit $9.8M revenue and 250 customers in 2023.

Robotic Process Automation (RPA) of manual processes like taking data from scanned docs to web forms

Founded

2019

Founded

Revenue

$9.8M

2023 Revenue

YOY

-21.26%

YOY

Funding

$23.7M

Funding

ElectroNeek Revenue

In 2023, ElectroNeek revenue run rate hit $9.8M in revenue.

  • 2023

    ElectroNeek hit $9.8M in revenue in 2023

  • 2022

    ElectroNeek hit $12.4M in revenue in 2022

  • 2021

    ElectroNeek hit $7M in revenue in 2021

  • 2021

    ElectroNeek hit $7M in revenue in 2021

  • 2020

    ElectroNeek hit $1.4M in revenue in 2020

  • 2019

    ElectroNeek launched in 2019 with $0 revenue

ElectroNeek Funding History

  • 2021 Series A

    ElectroNeek raised a Series A of in June, 2021

  • 2020

    ElectroNeek raised a of in March, 2020

  • 2020

    ElectroNeek raised a of in January, 2020

  • 2019

    ElectroNeek raised a of in November, 2019

  • 2019

    ElectroNeek raised a of in March, 2019

  • 2019

    ElectroNeek raised a of in February, 2019

FUNDING DATE ROUND AMOUNT VALUATION
June, 01 2021 Series A
March, 26 2020
January, 07 2020
November, 25 2019
March, 31 2019
February, 15 2019

Team

ElectroNeek has 147 total employees and 38 sales reps that carry a quota. They have 250 customers an engineering team of 27 and a marketing team of 11.

DISTRIBUTION QTY
Total team size 147
Engineer 27 (18%)
Sales 38 (26%)
Marketing 11 (7%)

Founder / CEO

Sergey Yudovskiy

I grew up in Kazakhstan. 10 years ago I moved to Moscow and founded telecom company called Terraline, leader in internet services for SMBs. I grew this company to $3M ARR without VC funding, building a team of 75 from scratch. It still operates but I’m just a shareholder. In 2016 my current co-founder, Dmitry, called me from California and shared excitement about the potential of Robotic Process technology and how it will shape the future of work. I fell in love with this technology and started a consulting company focused on RPA and Intelligent Automation. We became the first UiPath implementation partner in Russia and became the Eastern Europe market leader. We delivered projects to the biggest banks, energy companies, having clients even in Australia. I’m recognized top RPA expert, got a lot of media attention including national TV and Inc magazine features, finally, I had an offer to lead UiPath business in the region. But, as an entrepreneur, I saw the opportunity to become something bigger than UiPath implementation partner. I received a lot of leads from mid-market companies but wasn’t able to sell them UiPath due to the product t complexity and licensing model, that didn’t work well for smaller process that Mid Market clients have. I decided to focus my own product on the needs of this market. That’s how ElectroNeek story has started in 2019 when I moved to the US. It`s a big RPA vendor now. My team and I included in the TOP 50 Global RPA Vendors list by Gartner. We finished the Y Combinator. Our business development people are selling ElectroNeek RPA around the world. Partners connections are helping hundreds of companies growing with us together.

Q&A

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Customers

Churn

ElectroNeek Executives

Name Position Working Email Personal Email
Sergey Yudovskiy CEO [email protected] -

ElectroNeek Employees

Name Position Working Email Personal Email
Sergey Yudovskiy CEO [email protected] -

Frequently Asked Questions about ElectroNeek

  • When was ElectroNeek founded?

    ElectroNeek was founded in 2019.

  • How much revenue does ElectroNeek generate?

    ElectroNeek generates $9.8M in revenue.

  • Who is the CEO of ElectroNeek

    The CEO of ElectroNeek is Sergey Yudovskiy.

  • How much funding does ElectroNeek have?

    ElectroNeek raised $23.7M.

  • How many employees does ElectroNeek have?

    ElectroNeek has 147 employees.

  • Where is ElectroNeek headquarters?

    ElectroNeek is headquartered at 701 Brazos Street, Suite 640, Austin, Texas, 10018, United States

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